Part 8: Pay It Forward

The importance of training our children:
 

• Our training should be a continual part of our daily life. Deuteronomy 6:6-7
• If we are careful to lay down a track for our children to run on, then it is much more likely they will run on that track when they are grown. Prov. 22:6
• The two rails of the tracks are discipline and instruction, employed in love: Eph. 6:4

 
The natural path without training: Judges 2:10-14

• They forget God and all practical application. Deut. 4:9
• They just mirror and copy the culture around them. Judges 2:12
• They worship false gods and philosophies. John 14:6
• They are weakened, confused, and enslaved. Judges 2:14; 1 Corinthians 14:33

 
Train your children about the 4 Buckets of managing money: Suggested 10-20-30-40 plan: Money Savvy Pig < Binders
 

1. GIVE: 10% of everything they get goes first to God and His church. Prov. 3:9-10
   1. Teach them about how you give and let them see it.
   2. Make sure they set aside the first 10% of every dollar that ever comes into their hands.
   3. Make sure they understand that this is their best investment with the best return. Mt. 6:19, 1 Timothy 6:19
   4. Teach thankfulness and contentment through giving. 2 Cor. 9:12, 1 Cor. 4:7
2. INVEST: 20% of everything they get is set aside for investing. Ecclesiastes 11:2
3. SAVE: 30% of every dollar is put into savings. Prov. 21:20
4. SPEND: 40% of every dollar they get is for them to enjoy and spend. 1 Tim. 6:17

NEXT SUNDAY: Next Sunday, join us for Money-Life Pt 9: Truly Rich. Join us next week as we talk about what truly rich really means, and how all of it ties together in God’s Word and family. Join us next Sunday for part 9!
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Note: The budget includes both counseling centers, which are part of our church.